These excerpts taken from the LDSH 10-K filed Feb 22, 2008.
Evaluation of Disclosure Controls and Procedures
The disclosure controls and procedures of the Company are designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commission rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by the Company is accumulated and communicated to the Companys management, including its principal executive and principal financial officers to allow timely decisions regarding disclosure.
Under the direction of the principal executive officer and the principal financial officer, the Company has evaluated the effectiveness of its disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of December 31, 2007. Based on that evaluation, the Company has concluded that its disclosure controls and procedures were effective in providing reasonable assurance that material information required to be disclosed is included on a timely basis in the reports filed with the Securities and Exchange Commission.
There were no significant changes in the Companys internal controls or in other factors that could significantly affect these controls subsequent to the date of managements evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.
Evaluation of Disclosure
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